KUALA LUMPUR: MK Land Holdings Bhd posted a higher pre-tax profit of RM6.019 million for the second quarter ended Dec 31, 2010 from RM3.454 million in the same quarter of 2009.
Its revenue increased to RM66.067 million compared with RM48.448 million previously. For the first six months ended Dec 31, 2010, MK Land recorded a higher pre-tax profit of RM11.631 million compared with RM4.791 million in the corresponding period 2009.
The company's revenue, however, declined to RM127.845 million from RM129.257
million previously.
MK Land expects an improving economic climate and a resilient property market to be the key drivers for its sales growth going forward.
The company anticipates a better financial performance for the financial year ending June 30, 2011. --Bernama
TOP PICKS BY EDGEPROP
Pangsapuri Akasia, Bandar Botanic
Bandar Botanic/Bandar Bukit Tinggi, Selangor
Pangsapuri Akasia, Bandar Botanic
Bandar Botanic/Bandar Bukit Tinggi, Selangor
Pangsapuri Akasia, Bandar Botanic
Bandar Botanic/Bandar Bukit Tinggi, Selangor
Bandar Bukit Tinggi
Bandar Botanic/Bandar Bukit Tinggi, Selangor
Kawasan Industri Desa Aman
Sungai Buloh, Selangor
Sutera Heights, Taman Juara Jaya
Cheras, Selangor
Damansara Heights (Bukit Damansara)
Damansara Heights, Kuala Lumpur